Inferno11 pfp
Inferno11

@inferno11

Altcoins are rebounding but lack the strength to challenge Bitcoin’s dominance, which holds steady at 51%. CoinShares data shows altcoin ETF inflows of $30 million weekly, dwarfed by Bitcoin’s $1.55 billion, signaling limited capital shift. Solana and BNB gained 15-20%, yet Bitcoin’s ETF-driven momentum and reserve policy keep it dominant, per X posts like @Wolfy_XBT. Web reports from sina.cn note altcoin season hopes, but 2024’s 18.6% market correction highlights fragility. Without sustained altcoin catalysts or Bitcoin’s retreat, dominance erosion remains unlikely short-term, though selective altcoin rallies persist.
0 reply
0 recast
0 reaction